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hlitoroy_news
@hlitoroy
🧬 Solana has launched sUSD, a decentralised stablecoin from Solayer backed by US Treasury bills, on the Solana blockchain. The sUSD protocol is a non-custodial request-for-quote (RFQ) marketplace where only holders can create or destroy sUSD. The developers call it an LRT stablecoin (Liquid RWA Token), which is linked to a basket of tokenised real-world assets (RWAs). To generate sUSD, a request must be made with a USDC deposit, which is then matched with qualified RWA tokenisers through a special mechanism. The new sUSDs are then sent to the owner.
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